MELT-300 Pivotal Phase 3 Program Topline Readout Expected in Q4 2024 NASHVILLE, Tenn., April 02, 2024–(BUSINESS WIRE)–Melt Pharmaceuticals, Inc. (“Melt”), a clinical‑stage pharmaceutical company developing novel approaches for procedural sedation, today announced the completion of its Series B Preferred Stock financing of approximately $24 million from new and existing investors at a pre‑money valuation that
This roundup will be published monthly. It is meant to highlight some of the most notable funding rounds of the month and is not intended to be comprehensive. Several major fundraising announcements in the payer/employer space were announced this month. Here is a list of some of the biggest funding rounds: HiLabs raises $39 million
Published: Jan. 5, 2024 at 4:12 p.m. ET By Will Feuer PMV Pharmaceuticals Chief Financial Officer Winston Kung has stepped down and will be succeeded by Michael Carulli. Kung has served as CFO of the precision-oncology company since 2017. He is stepping down to pursue other opportunities, the company said. Carulli joined the company in
Goldman Sachs Asset Management has expanded to biotech investments in recent years. The investment firm is now preparing to ramp up its investment activity in the sector with a new $650 fund, its first one dedicated to the life sciences. Goldman on Wednesday announced the final close of the new fund, called West Street Life
Published: Dec. 29, 2023 at 7:23 p.m. ET CHARLESTON, W.Va. — West Virginia is issuing the first checks from a fund established by the settlement of opioid lawsuits in the state, which has by far the nation’s highest drug-overdose death rate. The Kanawha County Commission said Thursday it received a $2.9 million check and plans to
The healthcare sector’s share of the global private equity and venture capital deal count is likely to continue decreasing in 2024, according to a new Pitchbook report. Healthcare’s share of the global private equity deal count reached its peak in 2020 at 13.7%. This year, it fell to 10.8%, its lowest level since 2015. The